Dar reviews privatization process, orders transparency

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ISLAMABAD:

Federal Minister for Finance, Senator Mohammad Ishaq Dar reviewed the process of privatization with Chairman Privatization Commission (PC) Muhammad Zubair on Sunday, who gave a detailed presentation on the progress achieved.

The Chairman PC apprised the minister about the headway made regarding ongoing transactions with complete details of transactions planned for completion in the current financial year, which also include HEC and HBL (residual GoP shares), said a press release issued here.

The minister was informed that total of 69 entities were approved by CCI/CCOP under the privatization programme and in 2013-14 two transactions (UBL, PPL) were completed.